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Forex Trend Analysis Report

Prepared for you on Tuesday, May 18, 2021.

Hong Kong Dollar/Argentine Peso (FOREX:HKDARS)

Long-Term Uptrend (+90) - HKDARS is in a strong uptrend that is likely to continue. While HKDARS is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid HKDARS?

MarketClub looks at technical strength and momentum to determine if the timing is right for HKDARS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_HKDARS
Open High Low HKDARS Price Change
12.111384 12.115492 12.108898 12.111817 +0.000433
Entry Signal

MarketClub’s Trade Triangles for HKDARS

long term up The long-term trend has been UP since May 23rd, 2018 at 3.111200

intermediate term up The intermediate-term trend has been UP since Jan 1st, 2020 at 7.705204

short term up The short-term trend has been UP since May 17th, 2021 at 12.112480

Smart Scan Analysis for HKDARS

Based on our trend formula, HKDARS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for HKDARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.111384 12.115492 12.108898 12.111817 +0.000433
Prev. Close Volume Bid Ask Time
12.111384 2021-05-18 08:03:52
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